The default COLA Rates are found in Plan Settings on the Dashboard.
The Centrelink COLA Rate is the percentage the Age Pension maximum benefit amount will increase by each year. It also increases the thresholds for the income and assets Age Pension tests.
The Pension COLA Rate percentage increases the value of the Superannuation Transfer Cap.
View the assumed thresholds and maximum benefit amounts, as well as the Age Pension payment amount in the Year View - Pensions tab.
